Yesterday Stephenie Meyer posted a blog on her myspace that she finished the rough draft of Breaking Dawn. She says:

“I finished the ROUGH draft. Very, very rough. To put this in perspective, it took over two years from the rough draft stage of Twilight to the book being on store shelves. In general, I spend about a year to a year and a half editing a book. Don’t cry, though, because both I and Little Brown’s editorial staff are going to do everything in our power to get Breaking Dawn out Fall 2008. So, fingers crossed, it will be on time.”

Read her full blog entry here.